Stawski Partners Secures Mori Hamada & Matsumoto As Tenant At 360 Madison Avenue Office Space
360 Madison Ave New York, Ny 10017, Usa
Building Size
5,700 SF
Asset Type
Office
Closing
Jun 8, 2023
AI
Stawski Partners, the landlord of a New York office located at 360 Madison Avenue, has secured Mori Hamada & Matsumoto as its tenant. The office space, spanning 5,700 square feet, was leased in a deal facilitated by CBRE brokers Derrick Ades, Jared London, and Edward Goldman.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 360 Madison Avenue
- Market: New York
- Square Footage: 5,700
- Landlord: Stawski Partners
- Tenant: Mori Hamada & Matsumoto
- Brokers: Derrick Ades, Jared London & Edward Goldman - CBRE
The professionals at CBRE, including brokers Derrick Ades, Jared London, and Edward Goldman, played a crucial role in facilitating the lease agreement between Stawski Partners and Mori Hamada & Matsumoto for the 5,700 square foot office space at 360 Madison Avenue in New York.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93